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Stefan Pühringer
Socioeconomist, Deputy Head of the Institute for Comprehensive Analysis of the Economy (ICAE) and Head of the Socio-Ecological Transformation Lab at Johannes Kepler University Linz.
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Oct 1, 2026
Episode 08: How economics education limits our understanding of what is possible with Stefan Pühringer and Theresa Hager
36:46
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20:40Stefan PühringerGUEST
So, as you mentioned, I was also somehow thinking, yeah, now I'm really right on this ecological, how mainstream economic reasoning somehow provides this ecological turn and also these, yeah, also kind of ecological issues hardly present anywhere in mainstream economics, but As you mentioned now, the financial crisis, this was also kind of my main motivation and also for my PhD thesis, which was really on this topic.
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21:05Stefan PühringerGUEST
Why is there not any sign of change in economics? So I entitled it the strange non-crisis of economics because it was really somehow the financial crisis proved such a strong indication that something is wrong.
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21:19Stefan PühringerGUEST
particularly in this very unregulated financial market system, which is rather closely, at least closer related to this very abstract way of a perfect functioning market system.
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21:34Stefan PühringerGUEST
And at least for a few weeks, a month, also economic experts were somehow puzzled that did not really foresee this crisis coming and that this has really such a huge implications and consequences afterwards.
15 MINS LATER

Katie ShieldsHOST
Maybe this is the moment actually we can start to talk about what the implications are then for policy.